Capital Power Corporation (CPX) - Net Assets

Latest as of September 2025: CA$5.01 Billion CAD

Based on the latest financial reports, Capital Power Corporation (CPX) has net assets worth CA$5.01 Billion CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.35 Billion) and total liabilities (CA$10.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$5.01 Billion
% of Total Assets	32.64%
Annual Growth Rate	6.9%
5-Year Change	56.06%
10-Year Change	62.32%
Growth Volatility	44.3

Capital Power Corporation - Net Assets Trend (2007–2024)

This chart illustrates how Capital Power Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Capital Power Corporation (2007–2024)

The table below shows the annual net assets of Capital Power Corporation from 2007 to 2024.

Year	Net Assets	Change
2024-12-31	CA$4.57 Billion	+43.47%
2023-12-31	CA$3.19 Billion	+29.51%
2022-12-31	CA$2.46 Billion	-13.96%
2021-12-31	CA$2.86 Billion	-2.39%
2020-12-31	CA$2.93 Billion	-5.55%
2019-12-31	CA$3.10 Billion	-0.58%
2018-12-31	CA$3.12 Billion	+1.86%
2017-12-31	CA$3.06 Billion	+5.55%
2016-12-31	CA$2.90 Billion	+3.02%
2015-12-31	CA$2.82 Billion	-6.23%
2014-12-31	CA$3.00 Billion	-0.03%
2013-12-31	CA$3.00 Billion	+9.16%
2012-12-31	CA$2.75 Billion	+6.05%
2011-12-31	CA$2.60 Billion	+0.66%
2010-12-31	CA$2.58 Billion	+0.98%
2009-12-31	CA$2.55 Billion	+177.20%
2008-12-31	CA$921.00 Million	-37.30%
2007-12-31	CA$1.47 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Capital Power Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 154.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CA$3.85 Billion	84.09%
Other Comprehensive Income	CA$349.00 Million	7.63%
Other Components	CA$453.00 Million	9.90%
Total Equity	CA$4.58 Billion	100.00%

Capital Power Corporation Competitors by Market Cap

The table below lists competitors of Capital Power Corporation ranked by their market capitalization.

Company	Market Cap
Lottomatica Group SpA NYSE:LOTMY	$7.49 Billion
Triple Flag Precious Metals Corp NYSE:TFPM	$7.50 Billion
REXFORD IND.REALTY DL-01 F:3I0	$7.51 Billion
SHIZUOKA FIN. GROUP INC. F:P2U	$7.51 Billion
Element Solutions Inc NYSE:ESI	$7.48 Billion
FIRSTCASH HLDGS INC.DL-01 F:FF60	$7.48 Billion
Merlin Properties SOCIMI SA MC:MRL	$7.48 Billion
Dixon Technologies (India) Limited NSE:DIXON	$7.46 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Capital Power Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,190,000,000 to 4,576,000,000, a change of 1,386,000,000 (43.4%).
Net income of 699,000,000 contributed positively to equity growth.
Dividend payments of 280,000,000 reduced retained earnings.
Share repurchases of 150,000,000 reduced equity.
New share issuances of 460,000,000 increased equity.
Other comprehensive income increased equity by 279,000,000.
Other factors increased equity by 378,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$699.00 Million	+15.28%
Dividends Paid	CA$280.00 Million	-6.12%
Share Repurchases	CA$150.00 Million	-3.28%
Share Issuances	CA$460.00 Million	+10.05%
Other Comprehensive Income	CA$279.00 Million	+6.1%
Other Changes	CA$378.00 Million	+8.26%
Total Change	CA$-	43.45%

Book Value vs Market Value Analysis

This analysis compares Capital Power Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.88x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 1.98x to 1.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	CA$33.52	CA$66.47	x
2008-12-31	CA$17.52	CA$66.47	x
2009-12-31	CA$6.24	CA$66.47	x
2010-12-31	CA$10.51	CA$66.47	x
2011-12-31	CA$16.83	CA$66.47	x
2012-12-31	CA$28.78	CA$66.47	x
2013-12-31	CA$24.45	CA$66.47	x
2014-12-31	CA$29.69	CA$66.47	x
2015-12-31	CA$28.51	CA$66.47	x
2016-12-31	CA$29.53	CA$66.47	x
2017-12-31	CA$29.82	CA$66.47	x
2018-12-31	CA$29.77	CA$66.47	x
2019-12-31	CA$29.18	CA$66.47	x
2020-12-31	CA$27.40	CA$66.47	x
2021-12-31	CA$25.18	CA$66.47	x
2022-12-31	CA$20.93	CA$66.47	x
2023-12-31	CA$27.16	CA$66.47	x
2024-12-31	CA$35.41	CA$66.47	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Capital Power Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 15.28%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 23.69%
• Asset Turnover: 0.23x
• Equity Multiplier: 2.83x
Recent ROE (15.28%) is above the historical average (6.76%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	19.73%	4.54%	0.64x	6.75x	CA$70.93 Million
2008	1.12%	0.15%	0.57x	13.13x	CA$-33.83 Million
2009	4.29%	2.08%	0.20x	10.30x	CA$-27.90 Million
2010	2.06%	0.98%	0.33x	6.33x	CA$-65.40 Million
2011	5.06%	4.20%	0.39x	3.11x	CA$-75.30 Million
2012	3.22%	4.99%	0.24x	2.67x	CA$-130.30 Million
2013	7.24%	14.66%	0.23x	2.16x	CA$-66.70 Million
2014	1.88%	5.26%	0.16x	2.21x	CA$-199.10 Million
2015	3.28%	9.18%	0.18x	1.96x	CA$-184.80 Million
2016	3.90%	14.14%	0.13x	2.13x	CA$-173.30 Million
2017	4.78%	14.69%	0.14x	2.29x	CA$-157.40 Million
2018	8.62%	19.46%	0.18x	2.49x	CA$-42.60 Million
2019	4.08%	6.61%	0.22x	2.82x	CA$-181.40 Million
2020	4.69%	7.16%	0.21x	3.07x	CA$-154.00 Million
2021	3.45%	3.46%	0.31x	3.19x	CA$-186.10 Million
2022	5.62%	3.07%	0.44x	4.13x	CA$-107.40 Million
2023	23.32%	18.59%	0.36x	3.50x	CA$425.00 Million
2024	15.28%	23.69%	0.23x	2.83x	CA$241.40 Million

Industry Comparison

This section compares Capital Power Corporation's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

Industry: Utilities - Independent Power Producers
Average net assets among peers: $101,892,000
Average return on equity (ROE) among peers: 17.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Capital Power Corporation (CPX)	CA$5.01 Billion	19.73%	2.06x	$7.48 Billion
Maxim Power Corp. (MXG)	$101.89 Million	17.00%	0.93x	$204.86 Million

About Capital Power Corporation

TO:CPX Canada Utilities - Independent Power Producers

Market Cap

$7.48 Billion

CA$10.34 Billion CAD

Market Cap Rank

#2549 Global

#41 in Canada

Share Price

CA$66.47

Change (1 day)

-1.67%

52-Week Range

CA$46.75 - CA$73.59

All Time High

CA$73.59